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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tow at 1365 Norma Ln, Tow, TX, 78672 uses $66,134 cash to close to unlock $4,293/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $1,776/mo, and a $976/mo payment keeps the spread at $358/mo. Purchase price stands at $199,500, and rental yield measures 10.68% with $1,776/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 138.86% and total cumulative return in cash records $91,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,776/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78672, Tow, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 430 (42.3%) |
| Renter Occupied HU | 73 ( 7.2%) |
| Vacant Housing Units | 514 (50.5%) |
| Median Home Value | $284,286 |
| Average Home Value | $351,820 |
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2024-12-28 | Price change | $199,500 |
| 2024-11-19 | Price change | $215,000 |
| 2024-10-04 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | N/A | N/A | $11,988 | 20.00% |
| 2023-02-14 | $26.60 | N/A | $9,990 | N/A |
| 2022-02-14 | $26.60 | -7.45% | $9,990 | 2.78% |
Listed by: Katherine Clay • My Texas Home Broker
Mls Name: HLMLS
Mls Provider:
Mls ID: #170597
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
